Tally Solutions

Microenterprises are very small businesses that are started with small amounts of money. Though they are small and operate within a very limited geographical area, they impact the economy.

You may be tempted to think of a business plan as an unnecessary formality or something you must submit to authorities. However, the person who will derive the most value out of making a business plan

Billing and invoicing aren’t the most exciting tasks in a business but they are crucial for its success. If you streamline your invoice and billing processes, then your business can receive payments

As a business person, one of the most important words that get your attention is ‘profit’. The ultimate aim of every business is to be profitable. One of the most vital reports extracted from

A budget is how you want your business to be in the next financial year. You can say that budgeting refers to the positive expectations of the next financial year. A budget is generally made

Report automation is the generation of reports through software that allows one to create many different reports in a fraction of the time. Check how automating reports boost business reporting proces

Bank reconciliation is a process whereby you compare your financial cash transactions with those of your business bank account.

The profit and loss statement or P&L statement is one of the main financial statements that your business will generate. It is also called an income statement, statement of earnings.

A balance sheet is also called the statement of financial position. It is amongst the three financial statements that are important, with the other two being the income statement and cash flow

Business reports do not get the recognition they deserve. Used frequently and correctly, they can be indispensable tools for businesses. The root of the problem is that many business owners do not

Enterprise resource planning or ERP is a business management software that focuses on the business processes aspect. ERP is used to manage day-to-day tasks and processes of businesses of every size.

Cash flow is the net amount that flows into your business and out of your business during a period. This period is usually a month, quarter, or year. Cash flows occur from three major sources;